The Office of Internal Audit is soliciting proposals from qualified firms to provide “Performance and Internal Audit and Financial Statement Analysis Services” under a Master Price Agreement (“MPA”) with the State. The Office of Internal Audit is established in RIGL §35-7.1-1 to conduct audits of any state department, state agency, or private entity that is a recipient of state funding or state grants. In addition, the Office of Internal Audit is solely authorized in RIGL §42-155 et seq. to supervise required performance audits of Quasi-Public Corporations. This solicitation proposes to establish a list of qualified certified public accounting firms to perform such audits. The Master Price Agreement will also establish qualified vendors for use by municipal and state agencies to perform internal or performance audits of units or activities that are not reserved to the Office of Internal Audits in RIGL §35-7.1-1 or §42-155. Additionally, the Master Price Agreement will establish qualified vendors for use by the Division of Purchases for Financial Statement analysis of statements provided to the Division by bidders during the Request for Proposal process.
